December 23, 2024
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CoinDesk 20 Performance Update: APT Falls 14.8% as Index Trades Lower Over Weekend Avalon Labs Raises $10M Series A to Grow Bitcoin-Backed Stablecoin CAT, MOG, SHIB Among Meme Tokens Added to Chainlink Services MicroStrategy Buys a Further 5,262 BTC as Stock Joins Nasdaq 100 Metaplanet Picks Up Record 620 Bitcoin as XRP Leads Market Slide HyperLiquid Sees Record $60M in USDC Flee as North Korea Said to Be Probing Perpetuals Exchange More Pain Likely, Market Expert Says After Bitcoin’s Biggest Loss Since August Trump Names Crypto-Friendly Stephen Miran as Chair of Council of Economic Advisers Bonk Rockets 30% to Lead Dog Meme Rebound; Floki Termed ‘Utility Token’ by CFTC Tether Takes $775M Stake in Video-Sharing Platform Rumble; RUM Shares Soar 41%

Forget Meme Coins, Crypto Utility Is Already Here

Memecoin mania has many wondering if crypto will stop the nonsense and deliver real use-cases, but crypto utility is already here if we simply look, says David Zimmerman, a research analyst at K33 Research.

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